Where should I setup a bank account in Kiti?

We asked expats in Kiti what banks they use and there advice about banking. They advised...

"Before retiring in Kiti, expats should know that the official languages are Greek and Turkish, but English is widely spoken due to the country's British colonial history. They should be aware that the cost of living is relatively low compared to other European countries, but it's still higher than in some parts of the world. Expats should understand that Cyprus has a Mediterranean climate, with hot, dry summers and mild, wet winters. They should also know that Kiti is a small, peaceful village located in the Larnaca District, offering a quiet and relaxed lifestyle. It's important for expats to know that Cyprus has a good healthcare system, with both public and private hospitals, but private health insurance is recommended. They should be aware that the island is generally safe, but like anywhere, petty crime can occur, so it's important to take basic safety precautions. Expats should understand that they will need a residence permit to stay in Cyprus for more than three months, which can be obtained from the Civil Registry and Migration Department. They should also know that Cyprus has a double taxation treaty with many countries, which means they won't have to pay tax in two countries. Before moving, expats should familiarize themselves with the local customs and traditions to integrate more easily into the local community. They should also know that the pace of life in Kiti is slower than in a big city, which can be a big adjustment for some people. Lastly, expats should be aware that while Cyprus is a member of the European Union, it is not part of the Schengen Area, so different visa rules may apply," said a member in Kiti, Cyprus.

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Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

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